Havas CEO Yannick Bollor Is Confident About 2014
Posted in: Uncategorized
Yannick Bollor, Havas chairman and CEO, refused to be drawn into speculation about the future of the merger between ad giants Publicis and Omnicom when questioned by investors at the French group’s first quarter 2014 results presentation.
As the $35 billion merger hit by regulatory and tax issues hangs in the balance, Mr. Bollor said only, “I don’t think it’s our place to comment on the competition. I’d like to reiterate that our scale at Havas allows us to adapt more efficiently to the new environment of the communications industry.”
Havas, owner of Havas Worldwide advertising agency, Havas Media, Arnold Worldwide and BETC, announced organic growth of 3% and revenues of $540 million in the first quarter of the year, and claimed net new business of $930 million.
Post a Comment